Subjects

Notes

Additional Physical Form:

Vol. for June 30, 1994 distributed to depository libraries in microfiche.

Additional Physical Form:

Available via Internet from the Financial Management Service web site. Address of current issue as of 5/20/04: http://www.fms.treas.gov/mts/index.html; address of back issues as of 5/20/04: http://www.fms.treas.gov/mts/backissues.html. Current access is available via PURL.

Dates or Sequential Designation:

Began with July/Nov. 1974; ceased with June 2008.

Issuing Body:

Vols. for <Oct. 1979>-Apr. 1986 issued by U.S. Dept. of Treasury; May 1986-<Mar. 1996>, <Jan. 1998-> by U.S. Dept. of Treasury, Financial Management Service.

General Note:

Title varies slightly.

General Note:

Effective July 2008, paper copies will only be available only upon request.

General Note:

Description based on: Oct. 1, 1979 through Feb. 29, 1980; title from caption.

Record Information

Source Institution:

University of Florida

Rights Management:

All applicable rights reserved by the source institution and holding location.

Resource Identifier:

oclc - 02520295lccn - 97656143 issn - 0364-1007ocm02520295

Classification:

lcc - HJ10.2 .M66ddc - 336.73/05

System ID:

AA00010653:00087

Related Items

Preceded by:

Monthly statement of receipts and outlays of the United States government

Succeeded by:

Monthly Treasury statement of receipts and outlays of the United States government (Online)

Full Text

Monthly Treasury Statement
of Receipts and Outlays
of the United States Government
For Fiscal Year l 'i0j Thlroijuh January 31, 1990, And Other Periods

Highlight

The President's budget for FY 1991 was released i
by the Office of Management and Budget on January 29, 1990
and the elsimates are included.

RECEIPTS, OUTLAYS, AND SURPLUS/DEFICIT
THROUGH JANUARY 1990

400
300

/ 250 -o |---
L2 OUTLAYS
S200- RECEIPTS
/ 150-
o 100.-
N 50-

-50 DEFICIT
-100

I,

Compiled and Published by the
Financial Management Service
Department of the Treasury

The Monthly Treasury Statement of Receipts and Outlays of the United States
Government (MTS) is prepared by the Financial Management Service, Department
of the Treasury, and after approval by the Fiscal Assistant Secretary of the Treasury,
is normally released on the 15th workday of the month following the reporting month.
The publication is based on data provided by Federal entities, disbursing officers,
and Federal Reserve banks.

Audience
The MTS is published to meet the needs of: Those responsible for or interested
in the cash position of the Treasury; Those who are responsible for or interested
in the Government's budget results; and individuals and businesses whose opera-
tions depend upon or are related to the Government's financial operations.

Disclosure Statement
This statement summarizes the financial activities of the Federal Government
and off-budget Federal entities conducted in accordance with the Budget of the U S
Government, i.e., receipts and outlays of funds, the surplus or deficit, and the means
of financing the deficit or disposing of the surplus. Information is presented on a
modified cash basis: receipts are accounted for on the basis of collections; refunds

of receipts are treated as deductions from gross receipts; revolving and manage-
ment fund receipts, reimbursements and refunds of monies previously expended
are treated as deductions from gross outlays; and interest on the public debt (public
issues) is recognized on the accrual basis. Major information sources include ac-
counting data reported by Federal entities, disbursing officers, and Federal Reserve
banks.

Triad of Publications
The MTS is part of a triad of Treasury financial reports. The Daily Treasury State-
ment is published each working day of the Federal Government. It provides data
on the cash and debt operations of the Treasury based upon reporting of the
Treasury account balances by Federal Reserve banks The MTS is a report of
Government receipts and outlays, based on agency reporting The US. Govern-
ment Annual Report is the official publication of the detailed receipts and outlays
of the Government. It is published annually in accordance with legislative mandates
given to the Secretary of the Treasury.

Data Sources and Information
The Explanatory Notes section of this publication provides information concern-
ing the flow of data into the MTS and sources of information relevant to the MTS.

Table 1. Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government, Fiscal Years 1989 and 1990,
by Month
($ millions]

'The receip, outlay and deficit figures differ from the 1991 Budget released by the Office
of Management and Budget on January 29. 1990 by a net of $47 million due mainly to revisions
in data following the release of the Final September 1989 Monthly Treasury Statement

Note All receipt and outlay figures have been revised to show a reclassification of customs
user tees from a governmental to a proprietary receipt
Note Details may not add to totals due to rounding

Table 2. Summary of Budget and Off-Budget Results and Financing of the U.S. Government, January 1990 and
Other Periods
[S millions]

Based on the FY 1991 Budgel re.ea ed by the Office of Management and Budget on January 29. 1990
2Te receipt, outlay and defihca hgures aiffer from the 1991 Budget released by the Office of Management and Budget on January 9, 1990 by a net of 547 milton due mainly to revisions in data
oaowmng nme release of the Final September 1989 Monthly Treasury Statement
NO Transactonl

Table 4. Receipts of the U.S. Government, January 1990 and Other Periods
[$ millions]
This Month Current Fiscal Year to Date Prior Fiscal Year to Date

International Development Assistance:
Multilateral assistance:
Contributions to International Financial Institutions:
International Development Association........
Inter-American Development Bank
O their ...... .......... ..
International Organizations and Programs..

Total-Multilateral assistance ........

Agency for International Development:
Functional Development Assistance Program
Sub-Saharan Africa, Development Assistance
Operating Expenses, Agency for
International Development ............
Payment to Foreign Service Retirement and
Disani'y Fund .......
Other .... ...
Proprietary receipts from the public ...

Department of Commerce:
General Administration
Bureau of the Census
Economic and Statistical Analysis
Economic Development Assistance
Promotion of Industry and Commerce
Science and technology
National Oceanic and Atmospheric Administration
Patent and Trademark Office
National Institute of Standards and Technology
Other

Total-Science and Technology

Proprietary receipts from the public
Intrabudgetary transactions

Total-Department of Commerce..................

Department of Defenae-Mlltary:
Military personnel:
Department of the Army ......
Department of the Navy ...
Department of the Air Force

Total-Milllary personnel

Operation and Maintenance:
Department of the Army
Department of the Navy
Department of the Air Force.
Defense agencies

Total-Operation and Maintenance

Procurement:
Department of the Army ...
Department of the Navy
Department of the Air Force ....
Defense agencies

Total-Procurement

Research, Development, Test, and Evaluation:
Department of the Army
Department of the Navy
Department of the Air Force
Defense agencies

Total-Research. Development, Test, and Evaluation

Military Construction:
Department of the Army
Department of the Navy
Department of the Air Force
Defense agencies

Total-Military construction

Family housing:
Department of the Army
Department of the Navy
Department of the Air Force
Defense Agencies..
Revolving and Management Funds:
Department of the Army
Department of the Navy
Department of the Air Force
Defense Agencies
Other:
Department of the Army ..
Department of the Navy
Department of the Air Force
Defense Agencies

Table 5. Outlays of the U.S. Government, January 1990 and Other Periods-Continued

Department of Defense-Civil
Corps of Engineers:
General investigations
Construction, general
Operation and maintenance, general
Flood control. Mississippi River and coastal emergencies
Harbor Maintenance Trust Fund
Other
Proprietary receipts from the public

Department of the Interior:
Land and minerals management:
Bureau of Land Management:
Management of lands and resources
Payments in lieu of taxes
Federal wildland firefighting
Other
Minerals Management Service..
Office of Surface Mining Reclamation and Enforcement

Total-Land and minerals management

Water and science:
Bureau of Reclamation:
Construction program .. ....
Operation and maintenance
Other .....
Geological Survey...... ... -.
Bureau of Mines .

Total-Water and science ......

Fish and wildlife and parks:
United States Fish and Wildlife Service
National Park Service ...........

Department of State:
Administration of Foreign Affairs:
Salaries and expenses
Acquisition and maintenance of buildings abroad
Payment to Foreign Service retirement and disability
fund .... .
Foreign Service retirement and disability fund
Other

Total-Administration of Foreign Affairs

International Organizations and Conferences
Migration and Refugee Assistance
International Narcotics Control
Other
Proprietary receipts from the public
Intrabudgetary transactions

Table 5. Outlays of the U.S. Government, January 1990 and Other Periods-Continued

Department of the Treasury-Continued
United States Secret Service ... ... 27
Comptroller of the Currency.... 19
Office of Thrift Supervision .... 9
Interest on the public debt:
Public issues (accrual basis) .... 16,102
Special issues (cash basis) 651

Veterans Health Services and Research Administration:
Medical care .....
Medical and prosthetic research .
Other ...
Departmental Administration
General operating expenses .....
Construction projects
O their ..........
Proprietary receipts from the public
National service life ..
United States government life
Other ...... ...
Intrabudgetary transactions

Total-Department of Veterans Affairs ...........

Environmental Protection Agency:
Salaries and expenses ...
Research and development
Abatement, control, and compliance
Construction grants
Hazardous substance superfund
Other
Proprietary receipts from the public
Intrabudgetary transactions

Table 5. Outlays of the U.S. Government, January 1990 and Other Periods-Continued

National Aeronautics and Space Administration:
Research and development
Space flight, control, and data communications
Construction of facilities
Research and program management
Other ..
Total-National Aeronautics and Space
Administration ............... ..

Independent agencies-Continued
National Foundation on the Arts and the Humanities
National Endowment for the Arts
National Endowment for the Humanities
Institute of Museum Services
National Labor Relations Board
National Science Foundation
Nuclear Regulatory Commission
Panama Canal Commission
Postal Service:
Public Enterprise Funds
Payment to the Postal Service Fund

Includes $199 million payment to Poland.
2lncludes FICA and SECA tax credits, noncontributary military service credits, special
benefit for the aged. and credit for unnegotiated OASI benefit checks
3Prior month adjustment.
'The Postal Service figure represents reporting for the full calendar month of January and
a prtiaty estimated This estimate includes $681 million for postal money orders between January
13~ and 31st.

5The receipt, outlay and deficit figures differ from the 1991 Budget released by the Office
of Management and Budget on January 29, 1990 by a net of $47 million due mainly to revisions
in date following the release of the Final September 1989 Monthly Treasury Statement.
.. No transactions.
(**) Less than $500,000.
Note: Details may not add to totals due to rounding.

Table 6. Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, January 1990 and Other Periods
(S millions

Assets and Liabilities
Directly Related to
Budget and Off-budget Activity

Net Transactions
(-) denotes not reduction of either
liability or asset accounts

This Month

Fiscal Year to Date

This Year Prior Year

Account Balances
Current Fiscal Year

+

Beginning of
This s Closo s of
T Year This This month
This Year This Month

Liability accounts
Borrowing from the public:
Public debt securities, issued under general financing authorities:
Obligations of the United States, issued by:
United States Treasury
Federal Financing Bank ....

Total public debt securities
Agency securities, issued under special financing authorities
(See Schedule B. For other agency borrowing, see Schedule C)

Reserve position on the U.S. quota in the IMF:
U.S. subscription to International Monetary Fund:
Direct quota payments .. .. ........ ...
Maintenance of value adjustments .. .....
Letter of credit issued to IMF.......
Dollar deposits with the IMF .... .. .
Receivablelpayable (-) for interim maintenance of value adjustments

Balance .......

Loans to International Monetary Fund .....
Other cash and monetary assets

Total cash and monetary assets....

Miscellaneous asset accounts ....

Total asset accounts .. ........... .... ......

Excess of liabilities ( *) or assets (- ) .. .. .. ..

Transactions not applied to current year's surplus or deficit
(See Schedule A for details)
Total budget and off-budget federal entities
[Financing of deficit (* ) or disposition of surplus ( )] ............

Excess of labiltee close of period ........................... 2,247,166 2,247,166 2,100,824

Table 6. Schedule B-Securities Issued by Federal Agencies Under Special Financing Authorities, January 1990 and
Other Periods
[I millions)
Net Transactions
(-)denotes net reduction of Account Balances
liablity accounts Current Fiscal Y
Classification
Fiscal Year to Date Beginning of C o
This Month Thonth
Ths Year Prior Year This Year This Month Ths

1 The Department of Defense is now reporting on a different basis than in previous years
Comparable data will be adjusted to agree with current basis of reporting in future months.
.. No transactions,
Note: This table includes lending by the Federal Financing Bank accomplished by the pur-
chase of agency financial assets, by the acquisition of agency debt securities, and by direct loans

on behalf of an agency The Federal Financing Bank borrows from Treasury and issues its own
securities and in turn may loan these funds to agencies In lieu of agencies borrowing directly
through Treasury or issuing their own securities
Note: Details may not add to totals due to rounding

'18,901

23,283

23,665
3,675
26.121
1,672

4.880

1,096

1,296

10,979
104
6,195
18.232
177

143.125

Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, January 1990 and
Other Periods

Outlays
Legislative Branch ...............
The Judiciary .. ................
Executive Office of the President ...
Funds Appropriated to the President:
International security assistance ..
International development assistance
O their ............... ...... .
Department of Agriculture:
Foreign assistance, special export
programs and Commodity Credit
Corporation ..................
Other ................... ......
Department of Commerce .........
Department of Defense:
Military:
Department of the Army .......
Department of the Navy .......
Department of the Air Force....
Defense agencies ...........

Table 7. Receipts and Outlays of the U.S. Government by Month, Fiscal Year 1990-Continued
[3 millions]

Fical Com-
Fscal parable
Clauscation Oct. Nov. Dec. Jan. Feb. March April May June July Aug Sept TY Period

{Dale F

Outlays-Continued
Department of Housing and Urban
Development
Department of the Interior
Department of Justice
Department of Labor
UnemDloyment trust tuna
Other
Department of State
Department of Transportation
Highway trust fund
Other
Department of the Treasury
Interest on me public debt
Other
Department of Veterans Affairs
Compensation and pensions
Nabonal service Irfe
United States government life
Other
Environmental Protection Agency
General Services Administration
National Aeronautics and Space
Administration
Office of Personnel Management
Small Business Administration
Independent agencies
Federal Deposit Insurance Corp
Postal Serv.ce
Tennessee Valley Authority
Other independent agencies
Undistributed offsetting receipts
Employer share, employee
retirement
Interest received by trust funds
Rents ana royalties on Outer
Continental Shelf lands
Other

..No transactions, securities. They have n net effect on overall budget receipts and outlays since the receipts side
(")Lees than $500,000. of such transactions is offset against budget outlays. In this table interfund receipts are shown
Note: Interfund receipts and outlays are transactions between Federal funds and trust funds as an adjustment to arrive at total receipts and outlays of trust funds respectively.
such as Federal payments and contributions, and interest and profits on investments in Federal Note: Details may not add to totals due to rounding.

Table 9. Summary of Receipts by Source, and Outlays by Function of the U.S. Government, January 1990
and Other Periods
IS mllllons]

ClaMf.lcatlon_ This Month Fiscal Year Comparable Perlo
To Date i Prior Fiscal Year

1. Flow of Data Into Monthly Treasury Statement
The Monthly Treasury Statement (MTS) is assembled from data in the
central accounting system. The major sources of data include monthly
accounting reports by Federal entities and disbursing officers, and daily
reports from the Federal Reserve banks. These reports detail account-
ing transactions affecting receipts and outlays of the Federal Government
and off-budget Federal entities, and their related effect on the assets and
liabilities of the U.S. Government. Information is presented in the MTS
on a modified cash basis.

2. Notes on Receipts
Receipts included in the report are classified into the following major
categories: (1) budget receipts and (2) offsetting collections (also called
applicable receipts). Budget receipts are collections from the public that
result from the exercise of the Government's sovereign or governmental
powers, excluding receipts offset against outlays. These collections, also
called governmental receipts, consist mainly of tax receipts (including
social insurance taxes), receipts from court fines, certain licenses, and
deposits of earnings by the Federal Reserve System. Refunds of receipts
are treated as deductions from gross receipts.
Offsetting collections are from other Government accounts or the public
that are of a business-type or market-oriented nature. They are classified
into two major categories: (1) offsetting collections credited to appropria-
tions or fund accounts, and (2) offsetting receipts (i.e., amounts deposited
in receipt accounts). Collections credited to appropriation or fund accounts
normally can be used without appropriation action by Congress. These
occur in two instances: (1) when authorized by law, amounts collected
for materials or services are treated as reimbursements to appropriations
and (2) in the three types of revolving funds (public enterprise, intragovern-
mental, and trust); collections are netted against spending, and outlays
are reported as the net amount.
Offsetting receipts in receipt accounts cannot be used without being
appropriated. They are subdivided into two categories: (1) proprietary
receipts-these collections are from the public and they are offset against
outlays by agency and by function, and (2) intragovernmental funds-
these are payments into receipt accounts from Governmental appropria-
tion or fund accounts. They finance operations within and between Govern-
ment agencies and are credited with collections from other Government
accounts. The transactions may be intrabudgetary when the payment and
receipt both occur within the budget or from receipts from off-budget
Federal entities in those cases where payment is made by a Federal en-
tity whose budget authority and outlays are excluded from the budget
totals.
Intrabudgetary transactions are subdivided into three categories:
(1) interfund transactions, where the payments are from one fund group
(either Federal funds or trust funds) to a receipt account in the other fund
group; (2) Federal intrafund transactions, where the payments and receipts
both occur within the Federal fund group; and (3) trust intrafund transac-
tions, where the payments and receipts both occur within the trust fund
group
Offsening receipts are generally deducted from budget authority and
outlays by function, by subfunction, or by agency. There are four types
of receipts, however, that are deducted from budget totals as undistributed
offsenmng receipts. They are: (1) agencies' payments (including payments
by off-budget Federal entities) as employers into employees retirement
funds, (2) interest received by trust funds, (3) rents and royalties on the
Outer Continental Shelf lands, and (4) other interest (ie interest collected
on Outer Continental Shelf money in deposit funds when such money
is transferred into the budget)

3. Notes on Outlays
Outlays are generally accounted for on the basis of checks issued by
Government disbursing officers, and cash payments made Certain in-

tragovernmental outlays do not require issuance of checks. An example
would be charges made against appropriations representing a part of
employees' salaries which are withheld for individual income taxes, and
for savings bond allotments. Outlays are stated net of offsetting collec-
tions and refunds representing reimbursements as authorized by law,
refunds of money previously expended, and receipts of revolving and
management funds. Interest on the public debt (public issues) is recog-
nized on the accrual basis. Outlays of off-budget Federal entities are ex-
cluded from budget outlay totals.

4. Processing
The data on payments and collections are reported by account sym-
bol into the central accounting system. In turn, the data are extracted from
this system for use in the preparation of the MTS.
There are two major checks which are conducted to assure the con-
sistency of the data reported:
1. Verification of payment data. The monthly payment activity reported
by Federal entities on their Statements of Transactions is compared to
the payment activity of Federal entities as reported ov d-soursing officers
2. Verification of collection data. Reported collections appearing on
Statements of Transactions are compared to deposits as reported by
Federal Reserve banks.

5. Other Sources of Information About Federal Government
Financial Activities

A Glossary of Terms Used in the Federal Budget Process, March 1981
(Available from the U.S. General Accounting Office, Gaithersburg,
Md. 20760). This glossary provides a basic reference document of stan-
dardized definitions of terms used by the Federal Government in the
budgetmaking process.

Daily Treasury Statement (Available from GPO, Washington,
D.C. 20402, on a subscription basis only). The Daily Treasury Statement
is published each working day of the Federal Government and provides
data on the cash and debt operations of the Treasury.

Monthly Statement of the Public Debt of the United States (Available
from GPO, Washington, D.C 20402 on a subscription basis only). This
publication provides detailed information concerning the public debt.

-The Budget of the United States Government, FY 19
-Appendix, The Budget of the United States Government, FY 19-
-The United States Budget in Brief, FY 19
-Special Analyses
-Historical Tables

United States Government Annual Report and Appendix (Available
from Financial Management Service, U S. Department of the Treasury,
Washington, D.C. 20226). This annual report presents budgetary results
at the summary level The appendix presents the individual receipt and
appropriation accounts at the detail level.

Scheduled Release

The release date for the February 1990 Statement
will be 2:00 p.m. EST March 21, 1990.

For sale by the Superintendent of Documents, U.S. Government Printing
Office, Washington, D.C. 20402 (202) 783-3238 The subscription price is
$22.00 per year (domestic), $27 50 per year (foreign)
No single copies are sold.